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India and Republic of Korea signed MoU on Technical Cooperation in the Railway sector

Nov 17, 2014 14:36 IST

India and Republic of Korea on 17 November 2014 signed an A Memorandum of Understanding (MoU) to facilitate technical cooperation in Railway sector between the two countries.

The MoU was signed between the Union Ministry of Railways of India and the Ministry of Land Infrastructure and Transport (MOLIT) of Republic of Korea (South Korea).

The MoU will facilitate technical assistance and cooperation between the Railways of the two countries on areas such as High Speed Rail, Modernisation of Rolling Stock, Railway Operations, Modernisation of Signalling, Construction & Maintenance technologies and in development of Logistics Parks/Terminals.

 

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Read more Current Affairs on: India , Republic of Korea , technical assistance , Rail sector

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